Step 1: Billable Days Number of Weekdays in a year Number of holiday days you want each year? How many sick days do you take each year? Marketing, admin, billing (non-client work) days each year? 5 Total 'non-working' days 355 Billable Days in a year Step 2: Annual Operating Costs $ Advertising and Marketing $ Equipment, Hardware and Software $ Training and Education $ Memberships and Associations $ Insurance (office, car, etc) $ Healthcare and Dental $ Office Expenses (telephone, internet, electricity) $ Rent (office or percentage of home/office) $ Supplies (postage, stationery, etc) $ Professional Fees (accountant, lawyer, etc) $100.00 Your annual operating costs $0.28 Your daily overhead Step 3: Project Size (optional) The average value (dollars, euros, etc) of a single project? Step 4: Target Income $ How much do you want to earn before taxes? Calculate Rates Now » Clear Form & Start Again $1.67 Is your daily billable rate $0.21 Is your ideal hourly rate Around 6 projects per year
